For saleSingle family
$90,000
1017 Meadow Ln NE
Ham Lake MN 55304
2 beds, 2 baths, 924 sqft
1017 Meadow Ln NE is a 2 beds, 2 baths, 924 sqft single family home for sale at $90,000 in Ham Lake MN 55304. At 20% down it rents for an estimated $1,800/mo and returns $1,158/mo a month at a 22.1% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,800/mo
- Monthly cash flow
- $1,158/mo
- Cap rate
- 22.1%
- Cash-on-cash
- 77.2%
- Max offer
- $90,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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